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RELEASE OF LIABILITY, PROMISE NOT TO SUE, ASSUMPTION OF RISK AND AGREEMENT TO PAY CLAIMSAcademic Internship Course Information: (Course Number) (Course Instructor) (Course Name)Description of Academic

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What is release of liability promise?

The release of liability promise is a legal document that transfers the responsibility of ownership of a vehicle from one party to another, releasing the original owner from any liability associated with the vehicle.

Who is required to file release of liability promise?

The seller or transferor of the vehicle is required to file a release of liability promise to officially transfer ownership and release themselves from any future liability.

How to fill out release of liability promise?

To fill out a release of liability promise, the seller must provide information about themselves, the buyer, and the vehicle being sold, including the date of sale and the odometer reading.

What is the purpose of release of liability promise?

The purpose of a release of liability promise is to protect the seller from any future liability or legal issues that may arise from the vehicle after it has been sold.

What information must be reported on release of liability promise?

The release of liability promise must include the names and addresses of both the seller and buyer, the vehicle identification number (VIN), the date of sale, and the odometer reading.

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